Bitget App
Trade smarter
Nixon Cox's diverse industry experience drives Faraday Future's worldwide growth in Crypto-AI.

Nixon Cox's diverse industry experience drives Faraday Future's worldwide growth in Crypto-AI.

Bitget-RWA2025/11/03 03:16
By:Bitget-RWA

- Faraday Future appoints Nixon Cox, grandson of ex-U.S. President Nixon, as global strategic advisor to advance its "EAI + Crypto" dual-strategy, leveraging his capital markets and policy expertise. - The company reports 200+ FX Super One preorders in the Middle East and a 36% stake increase by Vanguard, signaling growing investor confidence and regional market traction. - FF integrates crypto payments for its $84k FX Super One, partnering with RAK Innovation City to build an electric mobility ecosystem a

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) has appointed Chris Nixon Cox, the grandson of former U.S. President Richard Nixon, as a global strategic advisor to help drive its "EAI + Crypto" Dual-Flywheel and Dual-Bridge initiative, according to a

. This move represents a significant milestone in the company’s global growth, utilizing Cox’s broad experience in capital markets, government policy, and regulatory matters. In his new role, Cox will work to strengthen international investor relations, government engagement, and industrial partnerships, and will join the newly established Global Strategic Advisory Council.

YT Jia, the Founder and Global Co-CEO of

, highlighted the importance of this addition, noting that Cox’s background in global finance and sustainable technology supports FF’s goal of transforming mobility through AI advancements. Cox, who is a board member of the Richard Nixon Foundation and heads Lightswitch Capital—a biotech investment firm—has a history of advising major private equity firms and political campaigns, including Senator John McCain’s 2008 presidential run.

Nixon Cox's diverse industry experience drives Faraday Future's worldwide growth in Crypto-AI. image 0

This appointment comes as Faraday Future achieves new business milestones. The company recently announced it has received more than 200 preorders for its FX Super One model in the Middle East since its launch on October 28, according to a

. In addition, global asset manager Vanguard boosted its holdings in FFAI by 36% during the third quarter of 2025. These accomplishments highlight FF’s push to strengthen its foothold in emerging markets and incorporate cryptocurrency into its operations.

One of the key highlights in the company’s latest update was the acceptance of its first crypto-based deposit for an FX Super One in the Middle East. This development fits into FF’s broader "EAI + Crypto" approach, aiming to blend AI-powered mobility with blockchain solutions. The FX Super One, which is priced at $84,127 (AED 309,000), features a dual-payment system that enables buyers to pay with both local currency and stablecoins, as detailed in a

. The vehicle’s debut in the UAE also included a collaboration with RAK Innovation City to build a regional electric mobility hub, according to a .

Faraday Future’s shift toward cryptocurrency is further demonstrated by its participation in the Bahamas Summit and ThinkEquity Conference, where company leaders met with more than 30 investors and attracted attention from Wall Street. The company also revealed that soccer star Andrés Iniesta is the first global owner of the FX Super One and will serve as a Developer Co-Creation Officer. Iniesta’s involvement, along with the vehicle’s AIHER hybrid powertrain and premium features, positions

as a contender against luxury brands like Cadillac and Mercedes-Benz.

Despite these advancements, FF continues to face obstacles such as production schedules and financial stability. The company recently postponed the public reveal of the FX 4 model’s rear design, citing a need to adjust its strategic focus. Nevertheless, with Nixon Cox joining the team and increasing investor support, Faraday Future seems committed to overcoming these challenges as it pursues its dual-energy vision for global transportation.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

XRP News Today: XRP Eyes $2.72 Breakout While Holding $2.43 as Key Support

- XRP trades at $2.51, forming a descending triangle pattern with key support at $2.30 and resistance at $2.72 Fibonacci level. - ETF optimism and $200M on-chain buying signal renewed retail/institutional interest, mirroring 2017 bull market dynamics. - Ripple's Nov 1 XRP unlock (2.5B value) and re-lock strategy will test market confidence amid macroeconomic uncertainties. - Institutional adoption and real-world use cases could drive XRP toward $3 if it breaks above $2.70 resistance zone.

Bitget-RWA2025/11/04 02:20
XRP News Today: XRP Eyes $2.72 Breakout While Holding $2.43 as Key Support

Ethereum News Update: 11 Security Reviews, $128 Million Gone—The DeFi Audit Dilemma Unveiled

- StakeWise DAO recovered 5,041 osETH and 13,495 osGNO from Balancer's $128M exploit, partially addressing the breach. - Attackers exploited token invariant math in V2 Composable Stable Pools despite 11 audits by top firms since 2021. - The breach spread across Ethereum, Base, Polygon, and Arbitrum, with Ethereum suffering most losses. - StakeWise's success highlights partial asset recovery potential but underscores DeFi's vulnerability to invariant manipulation attacks. - Industry faces audit paradox as 2

Bitget-RWA2025/11/04 02:06
Ethereum News Update: 11 Security Reviews, $128 Million Gone—The DeFi Audit Dilemma Unveiled

Ethena USDe market cap drops 40% after October crash

TheCryptoUpdates2025/11/04 02:03
Ethena USDe market cap drops 40% after October crash

XRP News Today: Ripple Establishes Wall Street Connection for Digital Assets as RLUSD Exceeds $1 Billion

- Ripple Labs launched Ripple Prime, a Wall Street-style OTC brokerage for institutional crypto trading, alongside RLUSD's $1B market cap milestone. - The platform enables cross-margining between XRP/RLUSD and traditional assets, addressing liquidity gaps via Ripple's custody and payments infrastructure. - XRP now serves as a core institutional asset for hedging and financing, bridging traditional portfolios with digital markets through compliance-focused infrastructure. - This hybrid model aims to reshape

Bitget-RWA2025/11/04 01:50
XRP News Today: Ripple Establishes Wall Street Connection for Digital Assets as RLUSD Exceeds $1 Billion